$IN – Momentum Is Starting to Show
IN is finally waking up. Price broke cleanly out of consolidation, and the move didn’t look forced. The breakout candle was strong, decisive, and backed by volume, which usually means real buyers stepped in.
After the push, price held up well instead of dumping back into the range. A higher low formed near 0.055, showing clear demand. On the 1H chart, IN is reclaiming short-term structure, which often opens the door for continuation if buyers stay active.
Trade plan: Entry zone: 0.0595 – 0.0615
Stop loss: 0.0568
Take profits: • 0.0645 for the first reaction
• 0.0675 if momentum builds
• 0.0710 if continuation kicks in
Why this setup stands out: There’s a strong bullish impulse breaking range resistance.
Buyers defended higher lows.
Structure is flipping bullish on lower timeframes.
Volume expansion confirms participation, not a thin move.
The key question now: does this breakout continue straight up, or do we get one last dip to the 0.058 area before the next leg? Either way, risk management matters here. Let price confirm and don’t force the trade.
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